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In 2019, the EU will reduce consumption of rapeseed oil in biodiesel by 4%
19.07.2019
On QAby the Incas USDA in 2019 in the EU production of biodiesel will be reduced by 2%, while consumption will grow by 3% to of 17.38 billion liters, compared to 16,854 billion litres in 2018. Consumption growth due to increase in the mandate to use 10% biodiesel fuel for the EU countries. the Reduction in production caused by the current decline in the use of rapeseed oil in its production by 4% to 5 million tons as a result of increased competition from cheaper raw materials and...
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Purchase prices for grains in Ukraine on July 19, 2019
19.07.2019
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Vetch 8000 Mustard seeds 12000 15895 Peas 5600 5083 5125 183 ↓ 1 230 Buckwheat 7000 6600 Rye 3850 4000 Rye...
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Wheat prices in the US and EU move in opposite directions
18.07.2019
on Wednesday, the French wheat market has focused on the fundamental factors and was not paying attention on the American stock exchange. the Drought in the North of the EU reduces the forecasts of corn production, which may lead to increased consumption of feed wheat in the new season. The market supports a reduction in the forecasts of wheat production in Ukraine and Russia, as well as the strengthening of the dollar against the Euro. the Victory of Russian wheat in...
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Corn prices expected by new factors
18.07.2019
While traders are not decided on the final indicators in sowing areas of maize in the US, they are skeptical of the July evaluation USDA at the level of 91.7 million acres and hope for a significant adjustment in the August report. Forecasted for next week the heat in the corn belt of the United States can adversely affect the crops that are in the phase of pollination, and to strengthen plant stress, especially planted at a later date. the Decline of oil prices and the lack of...
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Egypt purchased in the tender only one party of Russian wheat
18.07.2019
At yesterday's tender, the Egyptian GASC bought only one shipment of Russian wheat, the price of which corresponded to the level of previous purchases. Other applications were rejected as their price was higher than in the previous session, while the background of the decline in world stock prices under pressure from improving weather in the US and Europe and active new harvest, GASC was hoping to buy wheat at a lower price. Participation in the auction was...
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Purchase prices for grains in Ukraine on July 18, 2019
18.07.2019
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Vetch 8000 Mustard seeds 12000 15895 ↓ 5 Peas 5600 5083 5125 184 230 Buckwheat 7000 6600 Rye 3850 4000 Rye...
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Prices for rapeseed growing due to the reduction of production in Germany
17.07.2019
in the June heat, especially in the West of Germany, experts of the Association of farm cooperatives of the country (DRV) yesterday reduced compared to the previous forecast the production of winter rape by 3.4% to 2.97 million tons, which is 19% lower than in the last season. the August rapeseed futures on Euronext rose 2.5 €/t to 373 €/t or 318,27 $/t. In Ukraine continued harvesting rapeseed, although because of the rains in the Central and Western...
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Against the background of falling prices for wheat GASC announces the procurement tender
17.07.2019
Today, the Egyptian GASC tenders for the purchase of at least 55-60 thousand tons of soft milling wheat with delivery Aug 21-31. the Auction, which will take place amid a two-day drop of stock exchange price of wheat in the United States and the EU will determine the new price trends for the market of the black sea grain. the price of wheat in Paris fell yesterday after Chicago and under the pressure of active harvest already in the North of France. High productivity...